Barclays reiterated their buy rating on shares of Reckitt Benckiser Group (LON:RB) in a report published on Tuesday, Borsen Zeitung reports. The firm currently has a GBX 9,400 ($122.83) price target on the stock.
Other equities analysts also recently issued research reports about the stock. HSBC restated a buy rating and set a GBX 8,300 ($108.45) price objective on shares of Reckitt Benckiser Group in a research report on Monday, July 20th. DZ Bank upped their price objective on shares of Reckitt Benckiser Group from GBX 7,800 ($101.92) to GBX 8,750 ($114.33) and gave the stock a buy rating in a research report on Thursday, July 30th. Citigroup restated a buy rating and set a GBX 8,200 ($107.15) price objective (up previously from GBX 7,200 ($94.08)) on shares of Reckitt Benckiser Group in a research report on Tuesday, June 30th. JPMorgan Chase & Co. restated a buy rating and set a GBX 8,150 ($106.49) price objective on shares of Reckitt Benckiser Group in a research report on Friday, September 11th. Finally, Deutsche Bank restated a buy rating and set a GBX 8,150 ($106.49) price objective on shares of Reckitt Benckiser Group in a research report on Thursday, September 3rd. Two analysts have rated the stock with a sell rating, four have given a hold rating and thirteen have assigned a buy rating to the company. The stock has an average rating of Buy and a consensus price target of GBX 7,605.56 ($99.38).
Shares of Reckitt Benckiser Group stock opened at GBX 7,594 ($99.23) on Tuesday. The company has a fifty day simple moving average of GBX 7,552.88 and a 200-day simple moving average of GBX 6,915.42. Reckitt Benckiser Group has a 12-month low of GBX 5,130 ($67.03) and a 12-month high of GBX 8,191.30 ($107.03). The company has a current ratio of 0.83, a quick ratio of 0.61 and a debt-to-equity ratio of 127.83. The stock has a market cap of $54.02 billion and a price-to-earnings ratio of -19.82.
The firm also recently announced a dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Thursday, August 20th will be issued a GBX 73 ($0.95) dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a yield of 0.94%. Reckitt Benckiser Group’s dividend payout ratio is currently -38.10%.
Reckitt Benckiser Group Company Profile
Reckitt Benckiser Group plc manufactures, markets, and sells health, hygiene, and home products. The company offers acne treatment creams, facial washes, and cleansing pads; disinfection, hygiene, and first aid products; condoms, sex toys, and lubricants; heartburn and indigestion solutions; and cough and chest congestion, multi-symptom, and sinus remedies for adults and children under the Clearasil, Dettol, Durex, Gaviscon, and Mucinex brands.
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